First Trust Large Cap Value AlphaDEX Fund

FTA • NASDAQ

First Trust Large Cap Value AlphaDEX Fund is an exchange-traded fund on NASDAQ. As of Q3 2025, 199 institutional investors hold shares in this ETF, with total holdings valued at $801.0M. MORGAN STANLEY is the largest holder with a position valued at $171.0M.

Overview

Overview of institutional ownership in FTA as of Q3 2025

All Institutions

Institutions: 199
Value Held: $801.0M
Shares Held: 9.6M
Avg Position: $4.0M
Median Position: $469.8K

Hedge Funds

Hedge Funds: 2
Value Held: $2.5M
Shares Held: 30.5K
Avg Position: $1.3M
Median Position: $1.3M

Biggest Investors

Institutions with the largest positions in FTA as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$171.0M 0.01% of portfolio	2.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
UBS Group AG Institution	Sergio P. Ermotti CEO	$80.8M 0.02% of portfolio	969.5K shares	Q4 2014 Held for 10y 11m	$511.54B
L LPL Financial LLC Institution	-	$77.0M 0.02% of portfolio	923.9K shares	≤ Q2 2013 Held for 12y 5m+	$340.07B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$33.9M 0.01% of portfolio	406.5K shares	Q3 2015 Held for 10y 2m	$341.99B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$28.8M 0.00% of portfolio	346.2K shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
Cetera Investment Advisers RIA/Wealth	Joseph Daniel Neary CEO	$28.5M 0.03% of portfolio	342.3K shares	Q4 2015 Held for 9y 11m	$85.4B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$24.3M 0.01% of portfolio	291.9K shares	Q4 2024 Held for 11 months	$310.43B
R ROYAL BANK OF CANADA Institution	-	$22.7M 0.00% of portfolio	272.4K shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
IHT Wealth Management, LLC RIA/Wealth	Steven John Dudash CEO	$18.0M 0.46% of portfolio	215.5K shares	Q4 2016 Held for 8y 11m	$3.9B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$16.7M 0.00% of portfolio	200.3K shares	≤ Q2 2013 Held for 12y 5m+	$488.50B

Net Capital Flow

Institutional buying and selling activity for FTA in Q3 2025

Traded: −$6.2M
Buyers: 86
Sellers: 89
Total Bought: +$23.1M
Total Sold: −$29.3M
Avg Position: $3.7M

Biggest Buyers

Institution	Net Bought	Current Position
HARBOUR INVESTMENTS, INC. RIA/Wealth	+$4.4M +52.2K shares	$7.7M 91.9K shares
L LPL Financial LLC Institution	+$4.3M +51.4K shares	$77.0M 923.9K shares
Cetera Investment Advisers RIA/Wealth	+$4.1M +49.4K shares	$28.5M 342.3K shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	+$1.4M +17.3K shares	$12.9M 154.4K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$1.2M +14.9K shares	$1.6M 18.6K shares
Mariner Wealth Advisors, LLC RIA/Wealth	+$723.2K +8.7K shares	$1.2M 14.9K shares
GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager	+$575.7K +6.9K shares	$11.5M 138.2K shares
Rockefeller Capital Management L.P. Long Only Manager	+$574.6K +6.9K shares	$574.6K 6.9K shares
J JONES FINANCIAL COMPANIES LLLP Institution	+$558.5K +6.7K shares	$1.3M 15.4K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$550.8K +6.6K shares	$24.3M 291.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
Vestmark Advisory Solutions, Inc. Fund of Funds	−$8.7M −104.5K shares	$8.2M 98.3K shares
AE Wealth Management LLC RIA/Wealth	−$2.1M −25.3K shares	$5.7M 68.5K shares
IHT Wealth Management, LLC RIA/Wealth	−$2.1M −25.0K shares	$18.0M 215.5K shares
MORGAN STANLEY RIA/Wealth	−$1.7M −20.5K shares	$171.0M 2.1M shares
GOLDMAN SACHS GROUP INC Institution	−$1.3M −15.2K shares	$7.1M 84.9K shares
A Advisor Group Holdings, Inc. Institution	−$1.1M −13.1K shares	$11.7M 140.4K shares
Private Advisor Group, LLC RIA/Wealth	−$890.8K −10.7K shares	$13.5M 162.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$854.1K −10.3K shares	$2.0M 23.8K shares
MML INVESTORS SERVICES, LLC RIA/Wealth	−$828.2K −9.9K shares	$1.2M 13.9K shares
V Virtu Financial LLC Institution	−$778.9K −9.9K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited FTA in Q3 2025

New Positions: 11
New Value: $1.2M
Exited Positions: 15
Exited Value: $2.9M

New Positions

Institution	Position Value
Retirement Planning Group RIA/Wealth	$288.8K 3.5K shares
Beacon Pointe Advisors, LLC RIA/Wealth	$281.1K 3.4K shares
Asset Allocation Strategies LLC RIA/Wealth	$240.2K 2.9K shares
INTEGRITY ALLIANCE, LLC. RIA/Wealth	$206.2K 2.5K shares
CX Institutional RIA/Wealth	$47.8K 574.0 shares
C CLEAR INVESTMENT RESEARCH, LLC RIA/Wealth	$44.3K 531.0 shares
CULLEN/FROST BANKERS, INC. Institution	$25.1K 301.0 shares
A AMERIFLEX GROUP, INC. Institution	$17.2K 206.0 shares
Smartleaf Asset Management LLC Long Only Manager	$12.2K 147.0 shares
Sontag Advisory, LLC RIA/Wealth	$10.9K 131.0 shares

Exited Positions

Institution	Previous Position
V Virtu Financial LLC Institution	$778.9K 9.9K shares
Traction Financial Partners, LLC RIA/Wealth	$454.7K 5.8K shares
Armis Advisers, LLC RIA/Wealth	$277.0K 3.5K shares
AMERIPRISE FINANCIAL INC Institution	$271.4K 3.5K shares
C Colony Group, LLC Institution	$269.1K 3.4K shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	$236.6K 3.0K shares
Buckingham Strategic Partners RIA/Wealth	$232.9K 3.0K shares
Diversify Advisory Services, LLC RIA/Wealth	$223.4K 2.8K shares
T TOTAL INVESTMENT MANAGEMENT INC Institution	$88.6K 1.1K shares
Larson Financial Group LLC RIA/Wealth	$37.7K 480.0 shares

Options Activity

Institutions with the largest Call and Put options positions in FTA as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with FTA as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Holistic Financial Partners RIA/Wealth	Andy John Armstrong CCO	4.57% $11.2M	134.0K shares	Q1 2023 Held for 2y 8m	$244.2M
C COTTONWOOD CAPITAL ADVISORS, LLC RIA/Wealth	Matthew Donald Pappas Managing Partner	3.66% $5.0M	60.2K shares	Q4 2021 Held for 3y 11m	$137.3M
K Kaydan Wealth Management, Inc. RIA/Wealth	James Brendan Kruzan President	2.13% $7.4M	89.1K shares	Q1 2024 Held for 1y 8m	$349.3M
Midwest Heritage Bank, FSB RIA/Wealth	Matthew Graham Watters President	1.73% $4.9M	58.5K shares	Q4 2021 Held for 3y 11m	$282.1M
Trueblood Wealth Management, LLC RIA/Wealth	Phillip Geoffrey Trueblood CCO	1.29% $3.3M	39.6K shares	Q4 2023 Held for 1y 11m	$256.4M
IAMS WEALTH MANAGEMENT, LLC RIA/Wealth	Charles Richard Heuring CEO	1.16% $2.9M	34.5K shares	Q4 2022 Held for 2y 11m	$247.9M
R RMR Capital Management, LLC RIA/Wealth	David Leonard Van Overeem Managing Partner	0.74% $1.1M	12.7K shares	Q4 2023 Held for 1y 11m	$143.2M
Triton Wealth Management, PLLC RIA/Wealth	Michael Joseph Ryan Managing Partner	0.74% $1.9M	23.4K shares	Q2 2025 Held for 5 months	$262.0M
WINEBRENNER CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	Earl George Winebrenner Managing Partner	0.72% $988.7K	11.9K shares	Q4 2024 Held for 11 months	$137.9M
FSB PREMIER WEALTH MANAGEMENT, INC. RIA/Wealth	Ryan J Risetter CEO	0.61% $1.9M	22.2K shares	Q4 2020 Held for 4y 11m	$303.5M

Hedge Fund Spotlight

Discover hedge funds investing in FTA

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in First Trust Large Cap Value AlphaDEX Fund

Market Value: $1.6M
Shares Held: 18.6K
Portfolio Weight: 0.00%
Owned Since: 2018-Q4

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%